Wednesday | April 27, 2022 | 8:15 AM PST
Previously I wrote that the way to use any of this information to GUARANTY that I ALWAYS make money from my trades came down to pullbacks in the 2.86-hour trend to the upper or lower bands of the 45-minute price range envelope(s)… that this was the way to go! But, that wasn’t really true.
After all is said and done, the fact of the matter is, the only measures that really count when it comes to intraday trading foreign currency pairs include the 45-minute indicators on down.
It is the consensus opinion of these faster indicators that determines what I will decide to do in the final analysis. The moves I make depend on what each of these determinants means in light of all the others and how they all will affect and impact on one another. It is the interpretation of each moving part individually—and of all these assorted components as a whole—that constitutes the Bias Overlap version Numerical Price Prediction.
Again, chief among these measures is the 45-minute price range envelope(s) at 0.10%, 0.20% and 0.30% deviation levels, which represents the anticipated breadth of values (or the "belt") constituting the swath of area within an unlimited field of values that might be observed. It depicts the general, overall flow of price action at the intraday level. (Recall the NPP often conceptualizes price action as channels rather than as lines.)
Though this channel is understood to have a bias—either bullish, bearish or neutral—the shorter trend lines will actually fluctuate higher and lower within and between the “riverbanks” constituting the upper and lower boundaries of this channel.
The most prominent of these shorter-term measures are the 13- to 15-minute baselines. Their bias is defined and confirmed by the "arbiter," the slightly lagging 23- to 26-minute baseline(s). Enter long positions as soon as candles begin paining above this primary arbiter; and enter short positions as soon as the candles begin maneuvering below it.
Generally speaking, traders should probably stay out of the market (avoid entering positions) when the 45-minute price range envelopes are neutral. Ideally, it would be better to enter short positions when the short-term baselines slope downward beneath a falling 45-minute price range envelope; or enter long positions as the shorter-term baselines angle upward above a rising 45-Minute price range envelope.
The 13- to 15-minute baseline(s) can help verify when the time is right to be in long positions. This is signaled when the upper band of the corresponding price range envelope clears and remains above the upper band of the 45-minute price range envelope.
Likewise, the 13- to 15-minute baseline(s) can help verify when the time is right be in a short position when the lower band of the associated price range envelope clears and remains below the lower band of the 45-minute price range envelope.
There is virtually no doubt in my mind whatsoever but that this is the final protocol. The numbers have spoken!
So, in summary, it's all about interpreting what's happening in the moment based on market generated information, which is to say, technical analysis, and NOT in non-market generated information, which is to say fundamental analysis.
It comes down to "ruling reason," another way of saying the numbers—the summation of all those correlating data points that are a part of the market generated information. In the end, there IS NO entering positions and walking away. Everything must be monitored as it unfolds, with very precise actions taken in response to very specific situations or sets of circumstances.
As long as this is what I do, there is really no excuse for me NOT to make money every single day, of every single week, of every single month, of every single year going forward, God willing.
Previously I wrote that the way to use any of this information to GUARANTY that I ALWAYS make money from my trades came down to pullbacks in the 2.86-hour trend to the upper or lower bands of the 45-minute price range envelope(s)… that this was the way to go! But, that wasn’t really true.
After all is said and done, the fact of the matter is, the only measures that really count when it comes to intraday trading foreign currency pairs include the 45-minute indicators on down.
It is the consensus opinion of these faster indicators that determines what I will decide to do in the final analysis. The moves I make depend on what each of these determinants means in light of all the others and how they all will affect and impact on one another. It is the interpretation of each moving part individually—and of all these assorted components as a whole—that constitutes the Bias Overlap version Numerical Price Prediction.
Again, chief among these measures is the 45-minute price range envelope(s) at 0.10%, 0.20% and 0.30% deviation levels, which represents the anticipated breadth of values (or the "belt") constituting the swath of area within an unlimited field of values that might be observed. It depicts the general, overall flow of price action at the intraday level. (Recall the NPP often conceptualizes price action as channels rather than as lines.)
Though this channel is understood to have a bias—either bullish, bearish or neutral—the shorter trend lines will actually fluctuate higher and lower within and between the “riverbanks” constituting the upper and lower boundaries of this channel.
The most prominent of these shorter-term measures are the 13- to 15-minute baselines. Their bias is defined and confirmed by the "arbiter," the slightly lagging 23- to 26-minute baseline(s). Enter long positions as soon as candles begin paining above this primary arbiter; and enter short positions as soon as the candles begin maneuvering below it.
Generally speaking, traders should probably stay out of the market (avoid entering positions) when the 45-minute price range envelopes are neutral. Ideally, it would be better to enter short positions when the short-term baselines slope downward beneath a falling 45-minute price range envelope; or enter long positions as the shorter-term baselines angle upward above a rising 45-Minute price range envelope.
The 13- to 15-minute baseline(s) can help verify when the time is right to be in long positions. This is signaled when the upper band of the corresponding price range envelope clears and remains above the upper band of the 45-minute price range envelope.
Likewise, the 13- to 15-minute baseline(s) can help verify when the time is right be in a short position when the lower band of the associated price range envelope clears and remains below the lower band of the 45-minute price range envelope.
There is virtually no doubt in my mind whatsoever but that this is the final protocol. The numbers have spoken!
So, in summary, it's all about interpreting what's happening in the moment based on market generated information, which is to say, technical analysis, and NOT in non-market generated information, which is to say fundamental analysis.
It comes down to "ruling reason," another way of saying the numbers—the summation of all those correlating data points that are a part of the market generated information. In the end, there IS NO entering positions and walking away. Everything must be monitored as it unfolds, with very precise actions taken in response to very specific situations or sets of circumstances.
As long as this is what I do, there is really no excuse for me NOT to make money every single day, of every single week, of every single month, of every single year going forward, God willing.
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